Cohen & Steers REIT and Preferred Income Fund Shares Cross Below 200-Day Moving Average

Cohen & Steers REIT and Preferred Income Fund (RNP) shares crossed below their 200-day moving average of $21.76, trading as low as $21.63 per share, a 0.7% decrease. The stock's 52-week range is $19 to $23.8798. This move marks a notable cross below the critical moving average.

Cohen & Steers REIT and Preferred Income Fund (RNP) shares crossed below their 200-day moving average of $21.76, trading as low as $21.63 per share, a 0.7% decrease. This move marks a notable cross below the critical moving average.

As of September 12, 2025, the stock's 52-week range is $19 to $23.8798. The 200-day moving average has been a key support level for RNP shares, and its breach could signal a potential downward trend. Analysts have maintained an underperform recommendation for Cohen & Steers (NYSE:CNS), with a price forecast suggesting a 22.21% upside B of A Securities Maintains Cohen & Steers (CNS) Underperform Recommendation^[1].

The stock's price target range is from $66.66 to $95.55 per share, with an average target of $79.56. The projected annual revenue for Cohen & Steers is $556MM, an increase of 2.19%, while the projected annual non-GAAP EPS is $2.89. Fund sentiment remains bullish, with a put/call ratio of 0.80, indicating a bullish outlook B of A Securities Maintains Cohen & Steers (CNS) Underperform Recommendation^[1].

Institutional ownership changes have been mixed. Wasatch Advisors increased its holdings by 13.13%, while Bamco decreased its holdings by 14.03%. Other notable shareholders include iShares Core S&P Small-Cap ETF and BARON GROWTH FUND, which also saw changes in their holdings B of A Securities Maintains Cohen & Steers (CNS) Underperform Recommendation^[1].

Investors should closely monitor RNP's performance as it continues to trade below its 200-day moving average. The recent price drop and institutional ownership changes could be signs of a broader market trend or a company-specific issue.